Stock analysis is used by traders to make buy and sell call. It’s an approach to make informed decisions while investing in stocks. Stock analysis can be categorised into – fundamental analysis and technical analysis. Fundamental analysis is evaluation of data from sources, including financial records, economic reports, company assets, and market share. Analysts typically study the company’s financial statements – balance sheet, income statement, cash flow statement, and footnotes. These statements are made available to the investors in the form of quarterly earnings, disclosures to stock exchanges in compliance with the Securities and Exchange Board of India (Sebi) norms. In fundamental analysis, the analysts particularly check for a company's core income, income from other sources, profitability, guidance, assets and liabilities and debt ratio among other parameters. The other method, i.e. the technical analysis focuses purely on statistical data. It works on two assumptions; one, the stock price reflects the fundamentals. Second, the study of past and present movement in prices can help determine the future price trends. Technical analysis primarily deals with price, volume, demand and supply factors. This method is effective only when supply and demand forces influence the market. However, when outside factors are involved in a price movement, technical analysis may not be successful. More
Sudarshan Sukhani of s2analytics.com is of the view that one can avoid PSU banks and focus on NBFC and advises buying Infosys and LIC Housing Finnace.
Sandeep Wagle of powermywealth.com recommends buying LIC Housing Finance and Indiabulls Housing Finance.
Sandeep Wagle of powermywelath.com suggests buying LIC Housing Finance and Mahindra and Mahindra.
Ashwani Gujral of ashwanigujral.com recommends buying South Indian Bank, Indiabulls Real Estate, LIC Housing Finance, Karnataka Bank and United Spirits.
Mitessh Thakkar of mitesshthakkar.com recommends buying Godrej Consumer, BPCL and LIC Housing Finance.
Ashwani Gujral of ashwanigujral.com recommends buying LIC Housing Finance, Maruti Suzuki and Kotak Mahindra Bank.
Sandeep Wagle of powermywealth.com recommends buying Balrampur Chini, LIC Housing Finance and CG Power.
Jay Thakkar of AnandRathi is of the view that one may buy Bajaj Finserv with a target of Rs 4168.
Sandeep Wagle of powermywealth.com recommends buying LIC Housing Finance and Tata Motors.
Gaurav Bissa of LKP Securities is of the view that one can buy ICICI Bank and Wipro and sell LIC Housing Finance.
Ashwani Gujral of ashwanigujral.com is of the view that one may look at Capital First, LIC Housing or even Indiabulls Real Estate on dips.
Engineers India, Hexaware, and Ashok Leyland, among others, are likely to give out such returns
Ashwani Gujral of ashwanigujral.com recommends selling Can Fin Homes, LIC Housing Finance and Dewan Housing Finance.
According to Ashwani Gujral of ashwanigujral.com, one can buy Vedanta and sell Escorts and LIC Housing Finance.
Ashwani Gujral of ashwanigujral.com recommends buying LIC Housing Finance, Magma Fincorp, RCF and Titan Company.
Abhimanyu Sofat of IIFL is of the view that DHFL and LIC Housing are attractive buys while Ashok Leyland looks expensive.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy L&T Finance Holdings and Oil and Natural Gas Corporation and sell Muthoot Finance.
The global brokerage house also raised the target price from Rs 560 to Rs 750 based on likely gains from the government's housing push.
In an interview to CNBC-TV18, Santosh Singh, Head of Research India at Haitong Securities shared his readings and outlook on a few of the NBFCs.
From Wipro to Mahindra and Mahindra Financial Services, a look at what is on the radar of brokerage houses on Wednesday.
Ashwani Gujral of ashwanigujral.com recommends buying Orient Cement, LIC Housing Finance, Hindustan Construction Company and Larsen & Toubro.
Gaurang Shah of Geojit Financial Services is extremely positive on Indiabulls Housing Finance, HDFC and LIC Housing Finance.
Chandan Taparia, Derivative & Technical Analyst at Motilal Oswal Securities recommends buying Reliance Industries, Indiabulls Housing Finance and GAIL India.